Roth Capital Issues Optimistic Outlook for BLDP Earnings

Ballard Power Systems, Inc. (NASDAQ:BLDP) (TSE:BLD) – Equities research analysts at Roth Capital lifted their Q3 2025 earnings per share estimates for shares of Ballard Power Systems in a note issued to investors on Monday, August 11th. Roth Capital analyst C. Irwin now expects that the technology company will post earnings of ($0.08) per share for the quarter, up from their previous estimate of ($0.09). Roth Capital currently has a “Neutral” rating and a $1.80 target price on the stock. The consensus estimate for Ballard Power Systems’ current full-year earnings is ($0.54) per share. Roth Capital also issued estimates for Ballard Power Systems’ FY2025 earnings at ($0.32) EPS.

Ballard Power Systems (NASDAQ:BLDP) (TSE:BLD) last announced its earnings results on Monday, August 11th. The technology company reported ($0.08) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.10) by $0.02. Ballard Power Systems had a negative return on equity of 21.52% and a negative net margin of 409.35%. The company had revenue of $17.98 million for the quarter, compared to analyst estimates of $17.94 million.

BLDP has been the topic of several other reports. BMO Capital Markets upped their target price on Ballard Power Systems from $1.00 to $1.10 and gave the company an “underperform” rating in a research report on Tuesday. National Bank Financial raised Ballard Power Systems to a “hold” rating in a research report on Sunday, June 8th. Lake Street Capital lowered Ballard Power Systems from a “buy” rating to a “hold” rating in a research report on Monday. Wall Street Zen raised Ballard Power Systems to a “sell” rating in a report on Thursday, May 8th. Finally, UBS Group cut their price objective on Ballard Power Systems from $2.00 to $1.40 and set a “neutral” rating on the stock in a report on Monday, May 12th. Five research analysts have rated the stock with a sell rating and eleven have given a hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $1.51.

Ballard Power Systems Trading Down 2.1%

Shares of NASDAQ:BLDP opened at $1.83 on Thursday. The business’s 50-day moving average is $1.76 and its 200 day moving average is $1.45. Ballard Power Systems has a 1 year low of $1.00 and a 1 year high of $2.28. The firm has a market capitalization of $548.76 million, a P/E ratio of -1.85 and a beta of 1.76. The company has a debt-to-equity ratio of 0.03, a current ratio of 9.31 and a quick ratio of 8.13.

Institutional Trading of Ballard Power Systems

A number of hedge funds have recently modified their holdings of the stock. Vanguard Personalized Indexing Management LLC boosted its stake in shares of Ballard Power Systems by 21.9% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 30,459 shares of the technology company’s stock worth $48,000 after buying an additional 5,482 shares during the last quarter. Alps Advisors Inc. boosted its position in Ballard Power Systems by 2.1% during the first quarter. Alps Advisors Inc. now owns 396,822 shares of the technology company’s stock worth $437,000 after purchasing an additional 8,265 shares in the last quarter. Amundi boosted its position in Ballard Power Systems by 16.1% during the first quarter. Amundi now owns 68,140 shares of the technology company’s stock worth $74,000 after purchasing an additional 9,454 shares in the last quarter. Mackenzie Financial Corp boosted its position in Ballard Power Systems by 8.5% during the first quarter. Mackenzie Financial Corp now owns 122,914 shares of the technology company’s stock worth $136,000 after purchasing an additional 9,626 shares in the last quarter. Finally, SBI Securities Co. Ltd. boosted its position in Ballard Power Systems by 125.2% during the second quarter. SBI Securities Co. Ltd. now owns 23,553 shares of the technology company’s stock worth $37,000 after purchasing an additional 13,094 shares in the last quarter. Hedge funds and other institutional investors own 28.02% of the company’s stock.

About Ballard Power Systems

Ballard Power Systems Inc engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products. The company offers its products for power product comprising for bus, truck, rail, marine, stationary, and emerging market, such as material handling, off-road, and other applications.